Super Micro Computer Plummets In Bearish Reversal; How To Hedge A Hot Stock

Super Micro Computer (SMCI) made a sharp bearish reversal in heavy volume after topping the 1,000 level and making an all-time high Friday morning. The abrupt change in direction sent investors scrambling for their next move.X Super Micro Computer stock opened higher but gains vanished in the first half-hour of trading. In midday trading, shares were down about 12% in volume nearly six times its average.Explosive moves such as SMCI's cannot be sustained. The stock had tripled from its breakout at 357 in Jan ...